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Rent/Lease Office 505 Park Ave

$ / SF / Yr SF Monthly Rent
Negotiable
$ 63
$ 65

Nearby Sublease office Spaces for Rent

Address $ / SF / Yr SF Monthly Rent
W 57th St & Avenue of the Americas $ 111.5
25,000
$ 232,291
Avenue of the Americas & West 55th Street $ 64
7,300
$ 38,933
Madison Ave & East 54th Street $ 80
31,000
$ 206,666
Madison Ave & East 60th Street $ 89
9,500
$ 70,458
Madison Ave & East 51st Street $ 75
8,100
$ 50,625
Avenue Of The Americas & West 47th Street $ 58
10,000
$ 48,333
Park Ave & East 57th Street $ 160
10,800
$ 144,000
Madison Ave & East 59th Street $ 99
8,300
$ 68,475
E 53rd St & Fifth Avenue $ 79
12,200
$ 80,316
Fifth Ave & West 52nd Street $ 130
10,300
$ 111,583
Address $ / SF / Yr SF Monthly Rent
Park Ave & East 54th Street $ 85
5,600
$ 39,666
Fifth Ave & East 56th Street $ 85
4,400
$ 31,166
Lexington Ave & East 50th Street $ 54
4,000
$ 18,000
Avenue of the Americas & West 55th Street $ 62
6,200
$ 32,033
Fifth Ave & West 52nd Street $ 78
4,400
$ 28,600
Madison Ave & East 49th Street $ 69
5,500
$ 31,625
Address $ / SF / Yr SF Monthly Rent
Madison Ave & East 49th Street $ 76.5
2,200
$ 14,025
Address $ / SF / Yr SF Monthly Rent
Address $ / SF / Yr SF Monthly Rent
E 60th St & Madison Avenue $ 65
4,200
$ 22,750
W 57th St & Avenue of the Americas Negotiable
5,100
Negotiable
Address $ / SF / Yr SF Monthly Rent
W 57th St & Avenue of the Americas Negotiable
2,300
Negotiable
Address $ / SF / Yr SF Monthly Rent
Address $ / SF / Yr SF Monthly Rent
Address $ / SF / Yr SF Monthly Rent
Type of Space Class A/month Class B/month Class C/month
Windowed office/person
Interior office/person
Team Rooms
Suites

Nearby office Spaces for Rent

Address $ / SF / Yr SF Monthly Rent
W 57th St & Avenue of the Americas $ 105
15,800
$ 138,250
Fifth Ave & East 55th Street $ 157.5
19,300
$ 253,312
Park Ave & East 58th Street $ 125
11,300
$ 117,708
Address $ / SF / Yr SF Monthly Rent
Third Ave & East 49th Street $ 50
4,300
$ 17,916
Park Ave & East 54th Street $ 79.5
3,500
$ 23,187
Park Ave & East 58th Street $ 125
4,000
$ 41,666
Third Ave & East 49th Street $ 73
3,800
$ 23,116
Madison Ave & East 55th Street $ 65
5,000
$ 27,083
Address $ / SF / Yr SF Monthly Rent
Third Ave & East 49th Street $ 60
2,000
$ 10,000
E 52nd St & Lexington Avenue $ 64
2,400
$ 12,800
Madison Ave & East 55th Street $ 76
2,300
$ 14,566
Madison Ave & East 48th Street $ 70
1,800
$ 10,500
Fifth Ave & West 47th Street $ 73
1,900
$ 11,558
Avenue of the Americas & West 51st Street $ 84
2,200
$ 15,400
Rockefeller Plz & West 50th Street $ 92
1,600
$ 12,266
Park Ave & East 56th Street $ 98
1,900
$ 15,516
Address $ / SF / Yr SF Monthly Rent
W 48th St & Avenue of the Americas $ 58
12,500
$ 60,416
5th Ave & West 47th Street $ 63
8,000
$ 42,000
E 59th St & Madison Avenue $ 180
9,700
$ 145,500
Address $ / SF / Yr SF Monthly Rent
Madison Ave & East 49th Street $ 55.55
3,400
$ 15,739
E 48th St & Madison Avenue $ 55
4,600
$ 21,083
E 52nd St & Fifth Avenue $ 42.5
3,400
$ 12,041
W 57th St & Avenue of the Americas $ 68
4,100
$ 23,233
E 55th St & Third Avenue $ 47
2,900
$ 11,358
E 58th St & Third Avenue $ 50
3,400
$ 14,166
E 59th St & Second Avenue $ 93.3
3,200
$ 24,880
E 61st St & Second Avenue $ 61
2,500
$ 12,708
E 49th St & Between Fifth Avenue $ 27
3,300
$ 7,425
Address $ / SF / Yr SF Monthly Rent
Lexington Ave & Lexington Avenue $ 44.5
2,500
$ 9,270
E 60th St & Madison Avenue $ 55
1,600
$ 7,333
E 56th St & Park Avenue $ 59
1,900
$ 9,341
E 48th St & Madison Avenue $ 55
2,400
$ 11,000
W 57th St & Avenue of the Americas $ 67
1,600
$ 8,933
E 60th St & Fifth Avenue $ 54
2,200
$ 9,900
E 58th St & Third Avenue $ 52
1,900
$ 8,233
Madison Ave & East 49th Street $ 65
2,000
$ 10,833
Address $ / SF / Yr SF Monthly Rent
W 47th St & Avenue of the Americas $ 52.5
7,100
$ 31,062
Address $ / SF / Yr SF Monthly Rent
E 59th St & Madison Avenue $ 61.5
4,000
$ 20,500
E 59th St & Between Second Avenue $ 65.5
6,500
$ 35,479
Address $ / SF / Yr SF Monthly Rent
W 47th St & Avenue of the Americas $ 53
2,000
$ 8,833

Retail Spaces for Rent at 505 Park Ave

Rent Retail 505 Park Ave

$ / SF / Yr SF Monthly Rent
Negotiable
Negotiable

Rent Medical Space at 505 Park Ave

Office Tenants Rented / Leased 505 Park Avenue
  • Center Development Corp leased 500 SF
  • Spa Dental leased 3,900 SF
  • Paradigm Spine LLC leased 0 SF
  • Arora Cocktail leased 1,588 SF
  • Nest Seekers leased 900 SF
  • Spurrier Capital Partners… leased 8,448 SF
  • Mark Edward Partners leased 7,733 SF
  • J & W Management Corp. leased 6,995 SF
  • Wharton Equity Partners leased 16,282 SF
  • Olayan America leased 24,600 SF
Retail Tenants Rented / Leased 505 Park Avenue
  • Hair Color Experts leased 0 SF
Nearby Office Tenants Leased
  • Bucherer Timemachine leased 121,055 SF at 590 Madison Ave
  • Baker Hostetler LLP leased 118,634 SF at 630 Fifth Ave
  • WeWork leased 111,500 SF at 750 Lexington Avenue
  • Katten leased 110,157 SF at 575 Madison Ave
  • TBWA Worldwide leased 107,308 SF at 488 Madison Ave
  • KPMG LLP leased 102,979 SF at 560 Lexington Ave
  • Loews Corp. leased 100,000 SF at 655 Madison Ave
  • Stone Ridge Asset Manag… leased 97,652 SF at 510 Madison Ave
  • Geller & Co. leased 94,000 SF at 909 Third Ave
  • Rothstein Kass leased 88,049 SF at 1350 Sixth Ave
Nearby Retail Tenants Leased
  • National Basketball Association leased 6,000 SF at 590 Fifth Ave
  • Duane Reade leased 6,000 SF at 1290 Sixth Ave
  • Yares Art Projects leased 5,800 SF at 745 Fifth Avenue
  • Carpenters Workshop Gallery leased 5,300 SF at 693 Fifth Avenue
  • TITLE Boxing Club NYC leased 5,150 SF at 900 Third Avenue
  • Tufenkian Showroom leased 5,105 SF at 919 Third Ave
  • Richemont leased 5,100 SF at 30 East 57th Street
  • Shoe Woo leased 5,100 SF at 750 Lexington Ave
  • Metropolitan National Bank leased 5,045 SF at 10 East 53rd St
  • Microsoft Corporation leased 5,000 SF at 677 Fifth Ave
$ / SF SF Monthly Rent
Please notify me when a new space is available
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 505 Park Avenue. This trend is projected to continue. Opportunities for subleases remain available at 505 Park Avenue and in the nearby Plaza District neighborhood.
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Why Optimal Spaces Tenant Broker

  • Lease negotiation: full terms, renewals, expansion options
  • Cost analysis, inventory identification, negotiating scope
  • Risk mitigation against hidden pitfalls

Cost Savings

  • Negotiate 30+ leasing points to prevent hidden costs
  • Save 10–15% on total leasing costs
  • Save 100–200 hours filtering unviable spaces
  • Property access via broker databases and networks (off-market, subleases, future availability)

Alone or With Other Brokers

  • Managing agents owe fiduciary duty to landlords, seeking maximum price and terms rather than tenant savings.
  • Inherent conflict of interest as most brokers represent landlords
  • Risk of weaker terms and overlooked hidden costs
  • Heavy workload falls on you while best spaces are missed

505 Park Avenue Property Overview

Building Address: 505 Park Ave, New York NY 10022
Building Name: 505 Park Avenue
Building Alternate Address: 505 Park Ave
Zip Code:10022
Neighborhood:Plaza District
Borough:Manhattan
Stories:22
Year Built:1949
Building Class:B
Block & lot:01394-0001

505 Park Avenue, Manhattan, NYC

Located in the Lenox Hill neighborhood of Manhattan, 505 Park Avenue is a prominent office building with a rich history.

Year Built: 1949

Building Class: Office Only with or without Commercial - 20 Stories or More (O4)

Stories: 21

Total Square Feet: 220,510

Lot Size: 10,543 square feet

Neighborhood: Lenox Hill, Manhattan

Zip Code: 10022

505 Park Avenue is a significant part of Manhattan's commercial landscape, offering a blend of historical charm and modern functionality.

505 Park Avenue, New York, NY 10022

Alternate Addresses:

  • 101-109 E 59th St, New York, NY 10022
  • 503-509 Park Ave, New York, NY 10022

Neighborhood: Lenox Hill

Year Built: 1949

Number of Stories: 21

Total Square Feet: 220,510

Property Type: Office


505 Park Avenue Amenities

  • On-site Restaurant
  • Convenient Parking
  • Exclusive Meeting Spaces
  • High-Speed Internet
  • Dedicated IT and Telecom Support
  • Fully-Equipped Kitchen
  • Daily Cleaning Service
  • Energy Star Certified
  • Property Manager on Site
  • Bus and Subway Access Nearby

505 Park Avenue, located in the Plaza District of Manhattan, NYC, has notable office tenants who have rented or leased space in the building. Some of these tenants include:

  • Olayan America Corporation, which leased 39,300 square feet.
  • Loeb Block & Partners LLP, which leased 26,275 square feet.

Internet Providers at 505 Park Ave, Manhattan, NYC:

  • Verizon Fios: Known for high speeds up to 2 Gbps and reliable service.
  • Astound Broadband Powered by RCN: Offers both cable and fiber services with unlimited data.
  • Spectrum: Provides cable internet with speeds up to 1 Gbps and widespread availability.

505 Park Avenue is located in Manhattan, NYC, offering convenient access to various transportation options.

Nearest Subway Stations:

  • 5 Av/59 St - 1 min walk
  • Lexington Av/53 St - 4 min walk
  • 51 St - 5 min walk
  • Lexington Av/59 St - 7 min walk

Nearest Bus Stops:

  • Madison Av / E 54 St - 2 min walk
  • Madison Av/E 53 St - 3 min walk
  • Madison Av/ E 55 St - 3 min walk
  • Madison Av/E 56 St - 4 min walk

Nearest Train:

  • PATH (33rd Street)

Cross Streets:

  • East 59th Street
  • East 53rd Street
Office Tenants Rented / Leased 505 Park Avenue
  • Center Development Corp leased 500 SF
  • Spa Dental leased 3,900 SF
  • Paradigm Spine LLC leased 0 SF
  • Arora Cocktail leased 1,588 SF
  • Nest Seekers leased 900 SF
  • Spurrier Capital Partners… leased 8,448 SF
  • Mark Edward Partners leased 7,733 SF
  • J & W Management Corp. leased 6,995 SF
  • Wharton Equity Partners leased 16,282 SF
  • Olayan America leased 24,600 SF
Retail Tenants Rented / Leased 505 Park Avenue
  • Hair Color Experts leased 0 SF
Nearby Office Tenants Leased
  • Bucherer Timemachine leased 121,055 SF at 590 Madison Ave
  • Baker Hostetler LLP leased 118,634 SF at 630 Fifth Ave
  • WeWork leased 111,500 SF at 750 Lexington Avenue
  • Katten leased 110,157 SF at 575 Madison Ave
  • TBWA Worldwide leased 107,308 SF at 488 Madison Ave
  • KPMG LLP leased 102,979 SF at 560 Lexington Ave
  • Loews Corp. leased 100,000 SF at 655 Madison Ave
  • Stone Ridge Asset Manag… leased 97,652 SF at 510 Madison Ave
  • Geller & Co. leased 94,000 SF at 909 Third Ave
  • Rothstein Kass leased 88,049 SF at 1350 Sixth Ave
Nearby Retail Tenants Leased
  • National Basketball Association leased 6,000 SF at 590 Fifth Ave
  • Duane Reade leased 6,000 SF at 1290 Sixth Ave
  • Yares Art Projects leased 5,800 SF at 745 Fifth Avenue
  • Carpenters Workshop Gallery leased 5,300 SF at 693 Fifth Avenue
  • TITLE Boxing Club NYC leased 5,150 SF at 900 Third Avenue
  • Tufenkian Showroom leased 5,105 SF at 919 Third Ave
  • Richemont leased 5,100 SF at 30 East 57th Street
  • Shoe Woo leased 5,100 SF at 750 Lexington Ave
  • Metropolitan National Bank leased 5,045 SF at 10 East 53rd St
  • Microsoft Corporation leased 5,000 SF at 677 Fifth Ave

TPG Rewards Testimonial

TPG Rewards testimonial To whom it may concern, This letter is written in support of Mr. Stephen Sunderland. Mr. Sunderland acted as our advisor and broker in our recent search for office space in Manhattan. From our first meeting Mr. Sunderland sought to understand our location, price, office layout and square footage needs. He closely accessed our initial needs, and made realistic suggestions to improve on them. The true measure of Mr. Sunderland's professionalism is that he delivered listings, and ultimately a deal, that closely related to our initial wishes and needs. Throughout our relationship he gave us sound advice as to the pros and cons of each location, and later on how to best work with the landlord in order to create an amicable deal. Mr. Sunderland is a knowledgeable real estate professional who I recommend without any reservation. Sincerely, John S Galinos,President and CEO, TPG Rewards Inc, 111 John Street,27th Floor New York, NY 10038.

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